12.15.2015

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Press Releases

CHICAGO, Ill. (December 15, 2015) - Perkins Coie represented the Daughters of Charity Health System as finance counsel in a $260 million deal with BlueMountain Capital Management/Integrity Healthcare creating Verity Health System. The transaction preserves the system’s mission of care, while protecting labor agreements and pensions for thousands of current and former employees.

The Daughters of Charity began their healthcare mission in California more than 150 years ago serving ill, poverty-stricken individuals. Perkins Coie attorneys have represented the healthcare work of the Daughters since 1977. The Daughters of Charity Health System was formed in 2002. BlueMountain Capital Management is a private investment firm managing over $20 billion of assets. Perkins Coie advised on the $160 million bond transaction through the California Public Finance Authority.

Led by Chicago partner Dan Coyne, the Perkins Coie team included James E. Carroll and Christine Biebel.

Perkins Coie is a leading international law firm that is known for providing high-value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,200 lawyers in offices across the United States and Asia, we provide a full array of corporate, commercial litigation, intellectual property, and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

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